Friday, July 27, 2012

Investopedia: Why Is Walmart Evil, But Amazon Isn't?

If you really want to generate some hate mail, say something nice about Walmart (NYSE:WMT) in a public forum. According to the critics and self-appointed guardians of America's conscience, Walmart is an evil company that kills American business (by sourcing from overseas), kills American retail (by undercutting other retailers on price) and kills the American worker (by offering low wages and benefits). What's interesting to me, though, is how Amazon (Nasdaq:AMZN) gets none of this hate. While Amazon and Walmart are in many respects using the same model (offering customers the lowest prices available), you garner no shame, opposition or lectures in boasting about being an avid Amazon customer. So why is it that Amazon is "good," but Walmart is "evil?"

Please click here for more:

http://stocks.investopedia.com/stock-analysis/2012/Why-Is-Walmart-Evil-But-Amazon-Isnt-WMT-AMZN-MCD-BBY0727.aspx

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